Darned Republicans always having to be difficult when listening to Biden and other Warmists just wanting to do What’s Best For The Planet
Colorado is offering residents an extra $6,000 rebate for driving new electric vehicles through the Vehicle Exchange Colorado Program.
The Centennial State began accepting applications on Aug. 31 for EV rebates up to $6,000 for new vehicles and up to $4,000 for used ones, according to Electrek. To qualify for the program, drivers must turn in gas-guzzling cars that are either at least 12 years old or have failed emissions tests.
The best part is that these Colorado-exclusive rebates don’t cancel out or overlap with federal programs, which means that they can be stacked on top of a $7,500 credit from the Inflation Reduction Act for a total of $13,500 in savings on your EV.
The state aims to reach just under 1 million electric cars (940,000) by 2030. It has around 90,000 to date, which means it still has a ways to go in the next seven years.
Wait, 12 years old or failed emissions? How many would that be? And, let’s be honest, most who have those vehicles that old or with bad emissions really can’t afford a new or used EV. Nor would they have the credit. Sure, some have them because they want to, but, they are rarely going to be anything they want to trade in/sell for an EV.
Certain income-related qualifications limit who can access the program. Your household’s income must be under 80 percent of your area’s median income. This is because the program specifically targets lower-income drivers, as opposed to people who can already afford to drive EVs. Boulder, Colorado, residents in four-person households must make under $106,240 to qualify for the rebate. The complete list of county-specific parameters can be found here.
The average income of those who purchase EVs is $150k to $300K. The average price of an EV is almost $54K, around $5K more than a gas powered vehicle. The base price of a Chevy Bolt is $32,495. A tiny vehicle which slow charges.
The cost of the EV in question must also be under $50,000 after all the rebates and discounts, according to Electrek.
Who can afford that? Plus, don’t forget that auto insurance is around 25% more than a gas vehicle.
Program manager Ed Piersa told The Denver Post that the program will be “beneficial to all Coloradans.”
Why is this any of government’s business? If people want to buy, let them buy. If not, piss off and mind your own business.
BTW, where’s all the energy going to come from?
